Bonds Feeling Defensive Despite Trump's Demands For Lower Rates Bonds lost ground this morning despite slightly higher Jobless Claims. There are no obvious cases for causality apart from markets ...

After several consecutive days without any noticeable changes, mortgage rates finally made a move today.  Unfortunately, that move was higher. Thankfully, it was neither extreme nor sufficient to ...

Yesterday's recap began by calling attention to the "extreme dearth of big ticket economic data" this week.  Thursday AM brought the weekly jobless claims data--the first report of the week that had ...

CPI Lived Up To Market Moving Potential And Then Some For every 14 or 15 times we approach a potential big-ticket market ...

Absence of Data Leaves Focus on Technicals and the Waiting Game The extreme dearth of big ticket economic data was no mystery ...

Bonds rallied yesterday, largely in an attempt to catch up with the movement that occurred on Monday when cash trading was ...

Given that rates take cues from bonds and bonds take cues from economic data, it's perhaps no surprise to see an absence of volatility in rates on a week that has very little to offer in terms of ...

Slightly Weaker Drift, But Broadly Uneventful Friday may as well have been a 4th weekend day for the bond market.  Volume and ...

Trump issued numerous executive orders on Monday, but conspicuously absent was any specific directive regarding tariffs. ...

Mortgage rates are driven predominantly by the bond market and bonds were able to clear up a few curiosities on inauguration ...

While it was never going to be on the same level as yesterday's CPI in terms of market movement potential, Retail Sales was ...

After last Friday's jobs report, the evaporation of Fed rate cut probability has been a common refrain.  While it's true that ...